
Courtesy of: Sean Farrer, P.A., Coldwell Banker Schmitt Real Estate Co. (KW), keywestrealestateguy@gmail.com
$1,100,000
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3 bed
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3.00 Bath (3 Full)
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Lot: 0.07 Acres
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Multi Family
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$1,100,000
1018 Georgia Street Income producing Duplex in Old Town Key West! Fully renovated offering strong income potential and turnkey condition. Recent upgrades include a new roof, siding, impact windows, updated kitchens and baths, and new flooring in the rear unit.The downstairs features two lockout units--rear unit projected at $2, 800/month with large private backyard, and front unit at $2, 300/month. Upstairs treetop unit is currently tenant-occupied. Total projected income of approximately $7, 800/month ($93, 600 annually), reflecting an estimated 8.5% cap rate.Centrally located directly across from Bayview Park, this property offers consistent rental demand and separate electric and water meters.X Flood zone with plenty of room for a pool in the backyard.Short term owner financing available and preferred. Call for details.
Courtesy of: Sean Farrer, P.A., Coldwell Banker Schmitt Real Estate Co. (KW), keywestrealestateguy@gmail.com
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